Bobyem Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11001842 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 October 2019

for

Bobyem Services Limited

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

5

Certified Accountants' Report

7

DIRECTOR:

Mr Adejimi Adewale Adesan

REGISTERED OFFICE:

99a Manor Road

Dagenham

Essex

RM10 8BE

REGISTERED NUMBER:

11001842 (England and Wales)

ACCOUNTANTS:

Krypton Consulting Ltd

Chartered Certified Accountants &

Advisory Services

Navigation House, Unit 6

Town Quay Wharf

Abbey Road

Barking

Essex

IG11 7BZ

The director presents his report with the financial statements of the company for the year ended 31 October 2019.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Cargo handling for land transport activities, Other

transportation support activities, Management of real estate on a fee or contract basis and Other service activities not

elsewhere classified

DIRECTOR

Mr Adejimi Adewale Adesan held office during the whole of the period from 1 November 2018 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

31.10.19

1.11.18

Ordinary shares of £1 each

100

He did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Mr Adejimi Adewale Adesan - Director

29 July 2020

CURRENT ASSETS

Stocks

14,857

3,967

Cash at bank and in hand

210

145

15,067

4,112

CREDITORS

Amounts falling due within one year

4

1,971

1,675

NET CURRENT ASSETS

13,096

2,437

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,096

2,437

ACCRUALS AND DEFERRED INCOME

7,757

-

NET ASSETS

5,339

2,437

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

5

5,239

2,337

SHAREHOLDERS' FUNDS

5,339

2,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394
and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2020 and were signed by:

Mr Adejimi Adewale Adesan - Director

1.	STATUTORY INFORMATION

Bobyem Services Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

Trade creditors

1,729

1,104

Corporation Tax Payable

679

571

Barclay Card

(437

)

-

1,971

1,675

5.

RESERVES

Retained

earnings

£

At 1 November 2018

2,337

Profit for the year

2,902

At 31 October 2019

5,239

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Bobyem Services Limited for the year ended 31 October 2019 which comprise the Income Statement, Balance

Sheet and the related notes from the company's accounting records and from information and explanations you have given

us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Bobyem Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bobyem Services Limited and state those matters that we have agreed to state to the director of Bobyem Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Bobyem Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bobyem Services Limited. You consider that Bobyem Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bobyem Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Krypton Consulting Ltd

Chartered Certified Accountants &

Advisory Services

Navigation House, Unit 6

Town Quay Wharf

Abbey Road

Barking

Essex

IG11 7BZ

29 July 2020

Bobyem Services Limited - Accounts to registrar (filleted) - small 18.2

Bobyem Services Limited - Accounts to registrar (filleted) - small 18.2